Use the following information to compute the cost of goods manufactured:

Beginning finished goods inventory- $65,000

Beginning goods in process inventory- 81,000

Beginning raw materials- 73,000

Depreciation on factory equipment- 7,000

Direct labor- 25,000

Ending finished goods inventory- 67,000

Ending goods in process inventory- 79,000

Ending raw materials- 60,000

Factory repairs and maintenance- 12,000

Raw material purchases- 50,000

A. $63,000

B. $105,000

C. $107,000

D. $90,000

E. $109,000